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Search Results 0 to 3 of about 4 (some duplicates have been removed)
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Sep 12, 2012 7:00pm PDT
saying, the embassy of the united states in kay row condemns the continuing efforts by misguided individuals to hurt religious feelings of muslims as we condemn hurt thosecondemn efforts to offend believers of all religious. later, no one was hurt and protesters eventually disbanded. as that situation in egypt was winding down, the situation in libya was getting worse. so ten hours after the statement was issued in cairo at about 4:00 in the afternoon then attackers in libya entered the american consulate in benghazi and started firing. three americans were trapped inside including ambassador stevens. if this were not enough of a crisis going on, back at home mitt romney decides to weigh in before it's even clear what is going on in libya. so at 10:30 last night romney issues a statement attacking the cairo embassy's statement earlier, when those guys were just trying to diffuse the situation on the ground. romney said in his statement last night, it's disgraceful that the obama administration's first response was not to condemn attacks on our top plow our diplomatic missions but
Current
Sep 19, 2012 7:00pm PDT
: quickly moody's is warning that the united states is soon going to face a credit downgrade if they don't deal with this. what would that do to our retirement accounts and mutual funds and stocks if that hand? >> i'm not part of the rating agency. i sold my company to moody's so i have no insider information about the downgrade, but i read carefully what they say and pay close attention to it. and they are pretty clear if we get into next year and can't get a deal and do those things i discussed, they will probably down grade the debt. that won't cataclysmic, but it will hurt. they will download all of the debts. so we will see investment managers having to sell that debt, because they have contractors with investors saying that can't own debt at ratings that are lower than agreed. and that hurts everybody, 401k pension, because we all own stocks and bonds. so this is not a good thing. >> jennifer: all right. mark i really appreciate it. mark zandi, chief economist at moody's analytics. and up next, win the presidency, take back the house, keep the senate? we'll s
Search Results 0 to 3 of about 4 (some duplicates have been removed)